eXp Realty Co-Sponsorship Explained in Detail - Huge Opportunity!

The real estate industry is evolving rapidly, and traditional brokerage models no longer meet the needs of many professionals. In response to this shift, EXP Realty has introduced a groundbreaking Co-Sponsorship Program that offers agents a new way to gain mentorship and support. This innovative approach combines both local and national guidance, empowering agents to thrive in an increasingly competitive market.

What Is the Co-Sponsorship Program?

EXP Realty's Co-Sponsorship Program allows agents to select two mentors: a primary sponsor and a co-sponsor. This dual mentorship system offers a robust foundation for success by providing both local expertise and access to a broader network of resources. The co-sponsor, chosen by the agent, offers personalized guidance tailored to the agent’s specific needs while expanding their professional network.

Key Components:

• Primary Sponsor: This is the agent's initial guide to EXP Realty. The primary sponsor offers mentorship, business insights, and broader support. They also benefit from a revenue share from levels 2 through 7 and stock grants.
• Co-Sponsor: The co-sponsor is selected by the agent to provide additional guidance, particularly in the agent's local market. The co-sponsor earns a revenue share from level 1 and 50% of the fast-start bonus from the new agent's transactions.

Advantages of the Co-Sponsorship Program

The Co-Sponsorship Program is designed to benefit both new agents and seasoned professionals by offering enhanced support and mentorship. Here’s how it can help both groups:

Benefits for New Agents

• Avoid Traditional Methods: Many new agents struggle with outdated methods such as cold calling and door knocking. The Co-Sponsorship Program helps new agents bypass these old-school strategies, focusing on more modern and efficient ways to attract clients, like YouTube and digital marketing.
• Comprehensive Training: New agents are not only guided by experienced mentors but also have access to a variety of training resources that go beyond traditional sales techniques, giving them the tools they need to succeed in today’s market.

Benefits for Experienced Agents

• Stay Current with Modern Strategies: Seasoned agents often feel stuck with older methods of client acquisition, such as constant follow-ups and door knocking. With the Co-Sponsorship Program, they can embrace modern techniques, like YouTube marketing, which helps generate leads without relying on traditional prospecting methods.
• Maintain Work-Life Balance: This model also helps agents manage their business more efficiently, especially when they need to take time off or travel. By leveraging digital marketing, agents can continue attracting clients and generating leads even when they are not actively working.

EXP’s YouTube Coaching and Support

One of the most powerful features of EXP Realty is the access to YouTube coaching and training, setting the brokerage apart from others. With the rise of digital marketing, having a strong YouTube presence is crucial for real estate professionals, and EXP’s YouTube coaching program helps agents harness this power.

• Proven Success: EXP's YouTube strategy has been proven to close millions in sales without relying on traditional prospecting methods. Many agents have successfully built their businesses by using YouTube to generate leads and nurture relationships.
• Access to Expert Coaches: Through the Co-Sponsorship Program, agents gain direct access to top coaches who have scaled their YouTube channels and used the platform to generate consistent, high-quality leads.

Global Reach with Local Support

EXP Realty’s Co-Sponsorship Program is not just about national and international success—it also ensures agents receive local support, no matter where they are based. With a presence in over 24 countries, EXP offers a global network of resources while providing agents with localized support from mentors in their own markets.

• Local Team Connections: Agents can collaborate with local teams to benefit from in-person training, mentoring, and market-specific guidance while also gaining access to global resources and insights.
• Flexible Mentorship: Whether an agent works independently or is part of a team, the Co-Sponsorship Program allows them to balance both global expertise and local mentorship, enhancing their ability to succeed in their unique market.

The Power of Collaboration

The Co-Sponsorship Program encourages collaboration between agents and teams, fostering a community where both experienced and new agents can benefit from each other’s strengths. By working with top producers and skilled mentors, agents gain invaluable insights and strategies that help them grow their business.

• Benefits for Team Leads and Brokers: Team leads and brokers can leverage EXP’s training resources, including YouTube coaching, to help their teams increase productivity, enhance conversions, and attract new clients.
• Opportunities for Growth: Agents are encouraged to collaborate with top-producing mentors and professionals, accelerating their growth and expanding their business by utilizing cutting-edge strategies and marketing tools.

Revenue Share and Financial Benefits

A key feature of the Co-Sponsorship Program is its revenue-sharing structure, which ensures that both primary sponsors and co-sponsors benefit financially from their involvement with the agent’s success.

• Primary Sponsor: The primary sponsor earns revenue share from levels 2 through 7 as their sponsored agents grow their businesses. They also receive stock grants and the FLQA (First Level Qualified Agent) status, which means they benefit from the growth of their agents' entire network.
• Co-Sponsor: The co-sponsor receives revenue share from the first level and benefits from the fast-start bonus. This structure incentivizes co-sponsors to provide strong support during the agent’s initial stages, ensuring they have a solid foundation for long-term success.

Who Can Benefit from the Co-Sponsorship Program?

This program offers significant advantages to a wide range of real estate professionals. It is especially beneficial for:

• New Agents: Those just starting their real estate careers who need personalized guidance and a strong support system.
• Experienced Agents: Agents looking to modernize their marketing strategies and maintain a balanced, efficient work-life setup.
• Team Leads and Brokers: Those looking to enhance their team's capabilities by offering additional mentorship and access to powerful marketing tools.
• Transitioning Agents: Experienced professionals moving to EXP Realty from another brokerage, who need assistance adapting to new systems and strategies.

Program Eligibility and Requirements

Starting May 1, 2025, new agents joining EXP Realty will have the option to select a co-sponsor. Agents must select their co-sponsor within five days of joining the company, allowing for a smooth onboarding process. Existing agents who joined before May 1st will also have the opportunity to add a co-sponsor until May 24, 2025.

Conclusion

EXP Realty’s Co-Sponsorship Program offers an innovative and flexible approach to mentorship that empowers agents to succeed in an ever-changing real estate market. By providing dual support—both local and national—agents are better equipped to navigate challenges, grow their businesses, and achieve long-term success. Whether you’re new to real estate or a seasoned professional, the Co-Sponsorship Program offers valuable tools, training, and resources to help you thrive.